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dana, thank you. as if we needed another deadline, the treasury is warning that the nation's debt will hit the ceiling on new year's eve. the debt showdown last summer is what led to the fiscal cliff we're facing right now. just one more complication or bargaining chip. remind us, you're the best at putting this in perspective. remind us why the debt ceiling is just as important as the fiscal cliff. >> let me take you back a little while. to the conversation about the bun ji jump. here's the problem. confidence doesn't react to a bun ji jump. if you stole my phone and then i got it back from you, it would take that time before i develop that trust wp we saw the consumer confidence numbers come out and they have taken a big hit because consumers are worried about the fiscal cliff. the investing side is our debt raiting, you'll recall the last time we messed around with the debt ceiling, we got kicked down a notch. so if we are seen to be so irresponsible we would do this again and get past our debt lim
dana, thank you. as if we needed another deadline, the treasury is warning that the nation's debt will hit the ceiling on new year's eve. the debt showdown last summer is what led to the fiscal cliff we're facing right now. just one more complication or bargaining chip. remind us, you're the best at putting this in perspective. remind us why the debt ceiling is just as important as the fiscal cliff. >> let me take you back a little while. to the conversation about the bun ji jump. here's...
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hey, dana,y want to go to you. across the wire the house may be coming back into session on sunday, but do we know, is there movement towards getting there? is that confirmed? >> yes, we have it confirmed. i apologize. there is a conference call going on right now with house republican leaders and the rank and file where they are discussing the next steps. that is something they announced moments ago to republicans that they should prepare to come back to washington and be here on sunday to reconvene before the end of the year before that deadline approaches that. does not necessarily mean that there is going to be anything for them to vote on. the democrats have taken advantage political of the fact that the democratic-led senate came back today and the house is not yet here. the republicans and the house say it's because the ball is in the senate's court, but the optics of the house maybe not so great. >> you are right. it's about optics. if they are not there, it's easy to say we went over the fiscal cliff and w
hey, dana,y want to go to you. across the wire the house may be coming back into session on sunday, but do we know, is there movement towards getting there? is that confirmed? >> yes, we have it confirmed. i apologize. there is a conference call going on right now with house republican leaders and the rank and file where they are discussing the next steps. that is something they announced moments ago to republicans that they should prepare to come back to washington and be here on sunday...
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thanks, dana. "cnn newsroom" with carol costello starts right now. >>> twas the day before christmas, and malls around the country expected to be packed. millions of last-minute shoppers scurrying to stores to finish their shopping list. are you one of them? plus this. >> shame on the nra! ban assault weapons now! >> remember her? she disrupted a live statement by the national rifle association. how did she sneak past that big sign -- how did she sneak that big sign past all that security? we'll ask her live. >>> politicians, dignitaries, and even a musician. cnn tallies your votes for the most intriguing person of the year and counts them down for u and a small kid making a big difference. this little girl wins a trip of a lifetime to paris, and her actions after that get support from the whole community. >> dear santa, i'm gabriela, the one with the tumor. this is my motto, and i think you should use it too. you might have a bad day today, but there's always a bright star to look forward to tomor
thanks, dana. "cnn newsroom" with carol costello starts right now. >>> twas the day before christmas, and malls around the country expected to be packed. millions of last-minute shoppers scurrying to stores to finish their shopping list. are you one of them? plus this. >> shame on the nra! ban assault weapons now! >> remember her? she disrupted a live statement by the national rifle association. how did she sneak past that big sign -- how did she sneak that big...
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dana, we want to begin with you. we are hearing there might have been some progress overnight. >> a lot more optimism being expressed from sources in both parties. mitch mcconnell who the prime negotiator on the republican side just moments ago told reporters he spoke to the vice president, who is the prime negotiator now on the democrat side. so not totally all night, but they were up pretty late and early into the morning going back and forth making what again several sources say was significant progress. again, hate to say it, i have seen that movie before. i know you have too in covering similar negotiations like this. this is really, really been a roller coaster with people feeling optimistic and suddenly we hear things hit a snag. as you said, 14 hours to go. there's nothing like a deadline that really pushes congress to do something. >> and dana, one of the sticking points you have been talking about so much here is negotiations over the income level that will actually see a tax hike. the president has stuck t
dana, we want to begin with you. we are hearing there might have been some progress overnight. >> a lot more optimism being expressed from sources in both parties. mitch mcconnell who the prime negotiator on the republican side just moments ago told reporters he spoke to the vice president, who is the prime negotiator now on the democrat side. so not totally all night, but they were up pretty late and early into the morning going back and forth making what again several sources say was...
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dana bash, thank you, we appreciate that. as we have been telling you all morning long, the nra's president is here. we'll talk to him after a break. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate. >>> 14 minutes past the hour. now back to our top story. the decision of a new york newspaper to publish the names and addresses of gun permit holders, even the brady center, a group in favor of gun control is opposed to what the journal news located in new york, decided to do. the center calls the decision to publish the names misplaced and it adds it's not a common sense approach to decreasing gun violence in this country. with me i
dana bash, thank you, we appreciate that. as we have been telling you all morning long, the nra's president is here. we'll talk to him after a break. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. [ male announcer ] when diarrhea hits, kaopectate stops it fast....
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dana bash is up there. dana, just to set the scene. you're standing outside the room where the democratic senators are going to be meeting with the vice president. >> that's right. you can show just to give you a context, and then i want to piggyback on what jessica is saying. you know what? actually, kim, can you flip around? we're going to get the vice president right now. we're going to get the vice president right now. mr. vice president, do you have a deal? mr. environment, we're live on cnn, do you have a deal? senator reid, how do you feel? got to love live tv. there you go. >> he kept saying happy new year. and he had a smile on his face, so i assume he thinks he's going to have a happy new year. i'm sure that he did not necessarily think he would be spending new year's eve with you, dana. >> no, i'm sure he didn't. and i can tell you that a lot of us up here are -- you know, we like each other, but spending new year's this way is not exactly our way of a fun way to ring in the new year. certainly, that was interesting. the vic
dana bash is up there. dana, just to set the scene. you're standing outside the room where the democratic senators are going to be meeting with the vice president. >> that's right. you can show just to give you a context, and then i want to piggyback on what jessica is saying. you know what? actually, kim, can you flip around? we're going to get the vice president right now. we're going to get the vice president right now. mr. vice president, do you have a deal? mr. environment, we're...
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dana, be go ahead. jumpb in here. >> i think they won their negotiating power once boehner last week failed. as dana pushed out, the only thing that can get boehner is to do something. >> reporter: i think that you're right when i said that democrats don't think that the president will have much political damage. that does seem to be coming more from democrats here in congress than in the white house. democrats here in congress feel that it's a win-win for them politically. the one thing i will tell you very quickly, the pushback on this narrative that i heard from senate republican leader in the hallway. he said, do you remember who the speaker was during the hoover administration? i said, no. he said, that's my point. nobody will remember who the speaker was if ge into a recession but it's the president who tends to have the fault if something really calamatus happens. >> dane na bash and ryan lizza, thank you. >>> real concerns for president bush. he's in an intensive care in a houston hospital. we'l
dana, be go ahead. jumpb in here. >> i think they won their negotiating power once boehner last week failed. as dana pushed out, the only thing that can get boehner is to do something. >> reporter: i think that you're right when i said that democrats don't think that the president will have much political damage. that does seem to be coming more from democrats here in congress than in the white house. democrats here in congress feel that it's a win-win for them politically. the one...
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dana bash is now back with us on capitol hill with more. dana what do you have? >> reporter: i have another republican senator who came out of that meeting with mitch mcconnell, senator bob corker of tennessee. thank you very much k you just give us a sense of the feeling that you got in that behind close doors meeting that just ended from your leader? >> sure. well, he did receive a call -- he had a call with vice president biden and so there are conversations. >> he received a call while the meeting was happening, didn't he? >> that is correct. i think he felt like, you know, the call was productive. i think progress is being made. and chained cpi, i want to make everyone, it is not part of the equation as far that is year's discussion goes. it is not dish know senator reid said some things on the floor but a but all of us understand that things like entitlement reform are going to be debt with unfortunately during the debt controlling debait. i think what shocked everybody in our caucus, truly, is that the president has campaigned this entire year on raising t
dana bash is now back with us on capitol hill with more. dana what do you have? >> reporter: i have another republican senator who came out of that meeting with mitch mcconnell, senator bob corker of tennessee. thank you very much k you just give us a sense of the feeling that you got in that behind close doors meeting that just ended from your leader? >> sure. well, he did receive a call -- he had a call with vice president biden and so there are conversations. >> he received...
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dana, thanks very much. ali, it's never done until, as they say, it's done. >> no, and we don't know where it's going to be. let's take you to the other end of pennsylvania avenue where jessica yellin is standing by. the white house is very involved in this, particularly joe biden. dana saying if there is a deal, they're going to need joe biden to go over and talk to democrats there to sell this to them. there have been those who have been dissatisfied with the development of a deal as we have heard about it today. what's going on at the white house right now? >> well, i have reported that the vice president is set to go up there just as soon as the democrats hold or schedule a caucus, a meeting of the senate democrats to present the bill. and then the vice president will take their questions and answer any of their concerns. but ali, just hours before that ball is set to drop in new york city, there is still time for lawmakers to drop the ball here in washington, d.c. i have been waiting a long time to use
dana, thanks very much. ali, it's never done until, as they say, it's done. >> no, and we don't know where it's going to be. let's take you to the other end of pennsylvania avenue where jessica yellin is standing by. the white house is very involved in this, particularly joe biden. dana saying if there is a deal, they're going to need joe biden to go over and talk to democrats there to sell this to them. there have been those who have been dissatisfied with the development of a deal as we...
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dana, retailers saw the weakest holiday sales since 2008. a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first half of the year, the demand for products from michael kors do well. second half of the year is a different story and perhaps the turnaround of tiffany's to be the name for the second half. >> meantime, r.j., i think you would agree retail remembers scrambling right now because consumer confidence is plunging. three reports in a row that have bee
dana, retailers saw the weakest holiday sales since 2008. a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where...
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dana will be joining us later. thank you. ali? >> don, we have cnn contributor and columnist for newsweek and the daily beast john avalon joining us from new york. john, the remarkably and so dana had a lot of detail as don pointed out. why are we having this discussion with all of this detail with less than 36 hours to go to the deadline? they have had, and you know how many days to work this out? h 516 days since we first learned about the sequester and 12 years since we first learned that the bush era tax cuts would expire. >> yeah. the world's most predictable political crisis and this is a totally self-made problem. congress set this time bomb and now scrambling to diffuse it. it is a dereliction of duty. we were told all year that nothing would get done in the presidential year, because it was contentious, and that the lame duck would be productive and politicians would come together and reason together and think about the national interests, but it has not happened. they can't seem to focus on solving a problem until the li
dana will be joining us later. thank you. ali? >> don, we have cnn contributor and columnist for newsweek and the daily beast john avalon joining us from new york. john, the remarkably and so dana had a lot of detail as don pointed out. why are we having this discussion with all of this detail with less than 36 hours to go to the deadline? they have had, and you know how many days to work this out? h 516 days since we first learned about the sequester and 12 years since we first learned...
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dana? >> that's right, martin, talking to democrats now coming out of their nearly two-hour meeting talking about the talks are and we now have the number two democrat in the senate, dick durbin from illinois. thank you very much. can you give us a reality check of where things stand and more importantly, if you really think that a deal can be done pie the clock striking midnight tonight or even tomorrow night? >> the original down tours talked about present a problem in reaching an agreement. i understand the conversation is going to continue, as it should, between the leaders in the senate on both sides and the president. >> you have been talking with republican about the big issue appears to be tax rates. how far in these negotiations have democrats been willing to go when it comes to the income thresh followed for tax increases? >> i think president obama is right, that those making less than $250,000 should be protected. the republicans, of course, want to raise that level so there it
dana? >> that's right, martin, talking to democrats now coming out of their nearly two-hour meeting talking about the talks are and we now have the number two democrat in the senate, dick durbin from illinois. thank you very much. can you give us a reality check of where things stand and more importantly, if you really think that a deal can be done pie the clock striking midnight tonight or even tomorrow night? >> the original down tours talked about present a problem in reaching an...
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are we going to get a deal, dana? >> well, they're going to have to eventually. the question is -- >> maybe not. not with these guys. you never know. >> any prediction is perilous here. but it's always struck me, if it is going to be, it's going to be at the very last second or after we go over the cliff. >> jonathan, are we going to come out on the drive way and sing kumbaya? >> i doubt it given the video you just showed. that's not minority leader pelosi heading to the microphones in the driveway. it looks like she's on west executive drive trying to get the hell out of dodge. >> looking for her car. that's right. >> which could be a good sign. if no one is coming to the microphones and they're keeping it close, maybe they could get to something on 11:59:55 on december 31st. >> you guys have a great new year. >>> next, a very special end of the year "top lines" is coming up. >> i pay all the tacks i'm required to pay under the law and by the way, no the a dollar more. thank you. >> i'm worth $3.5 million that the government knows about. because your daughter re
are we going to get a deal, dana? >> well, they're going to have to eventually. the question is -- >> maybe not. not with these guys. you never know. >> any prediction is perilous here. but it's always struck me, if it is going to be, it's going to be at the very last second or after we go over the cliff. >> jonathan, are we going to come out on the drive way and sing kumbaya? >> i doubt it given the video you just showed. that's not minority leader pelosi heading...
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dana? >> it certainly is. it's always tragic news, but it's especially hard when it's on christmas eve. thank you very much, barbara. >>> it's beginning to look like millions of stockings will be stuffed with a tax hike and spending cuts this holiday seas season. only eight days left until america goes off the fiscal cliff. both sides are taking a holiday break, and all we're getting is the blame game. some republicans suggesting that the doomsday scenario that's now unfolding is all part of a white house plan. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at thement bot of the cliff. he gets all this additional tax revenue for new program. he gets to cut the military, which democrats have been calling for for years, and he gets to blame republicans for it. >> white house correspondent breanna keilar has the envy of all assignments of traveling with the president and joins us live from honol
dana? >> it certainly is. it's always tragic news, but it's especially hard when it's on christmas eve. thank you very much, barbara. >>> it's beginning to look like millions of stockings will be stuffed with a tax hike and spending cuts this holiday seas season. only eight days left until america goes off the fiscal cliff. both sides are taking a holiday break, and all we're getting is the blame game. some republicans suggesting that the doomsday scenario that's now unfolding is...
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hey, dana, great to see you. >> me, too. this has gone so fast. i'm dana bash in d.c. on christmas morning. thanks for joining us. >>> our top story we're watching right now with this dangerous winter storm that's going across the country making travel very hazardous and a new video we have of a major pile-up that's shut down part of i-40 in oklahoma involving at least 20 vehicles including three big-rigs, one of which overturned. the patrol has shut down interstate for two miles. we have a trooper, spokesperson for the oklahoma highway patrol. what can you tell us, betsy, about where things stand. this sounds like a horrific crash. >> good morning, dana. it has been a horrific crash. we know several people were injured and transported from the scene to local hospitals. we don't know the number of injured or we know it's not any fatalities but we know we did have some injured and transported from the scene. like you said, the crash occurred about 3:00 this morning. we had some precipitation that fell and then froze on the roadways and as you can see that's an overpass
hey, dana, great to see you. >> me, too. this has gone so fast. i'm dana bash in d.c. on christmas morning. thanks for joining us. >>> our top story we're watching right now with this dangerous winter storm that's going across the country making travel very hazardous and a new video we have of a major pile-up that's shut down part of i-40 in oklahoma involving at least 20 vehicles including three big-rigs, one of which overturned. the patrol has shut down interstate for two...
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i want to go to capitol hill and cnn's senior congressional correspondent dana bash. dana, is that the sense you get that somehow we should be optimistic about whatever it is that's going on? >> you know, as we talked about before, you definitely get a feeling or the atmosphere here is that there is progress being made but in the same breath, but, there are still thingsing to worked out. as we wait for what we generally see when the senate opens which is the pledge of allegiance, a prayer and so forth, if you see the bottom of your screen, i'm not sure if you can see it, white hair, that is harry reid, the senate majority leader. it may be we will hear an update from him. maug maybe we should listen to th the. >> prayer. >> let us feel your presence today on capitol hill, as we gather with so much work left undone, guide our lawmakers with your wisdom. lord, show them the right thing to do and give them the courage to do it. be their shelter in the midst of the storm, regardless of how high the waters rise. when they feel exhausted, remind them of the great sufficienc
i want to go to capitol hill and cnn's senior congressional correspondent dana bash. dana, is that the sense you get that somehow we should be optimistic about whatever it is that's going on? >> you know, as we talked about before, you definitely get a feeling or the atmosphere here is that there is progress being made but in the same breath, but, there are still thingsing to worked out. as we wait for what we generally see when the senate opens which is the pledge of allegiance, a prayer...
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senior congressional correspondent dana bash is on capitol hill and, dana, does it even look like the house will vote today? because that's kind of crucial. >> it is a big open question, deb. i can tell you the reason why i'm standing in front of a -- maybe not so pretty white wall is because i'm down the hall from where republicans are meeting as we speak. house republicans. and you can hear at different times some clapping and different times other -- maybe not so happy noises coming from inside the meeting, but they are discussing the way forward. and what we're hearing from sources, again, this meeting is going on what we're hearing from sources about what is happening behind the doors is that there are a lot of members concerned that they want spending cuts to go along with this deal. they don't want to just pass mostly -- mostly tax cuts but tax increases. that is a big part of what i'm hearing is going on. the other thing we're told is that the house speaker is simply not taking a position whether he is for or against this. he's being very cautious, we're told, in this meeting,
senior congressional correspondent dana bash is on capitol hill and, dana, does it even look like the house will vote today? because that's kind of crucial. >> it is a big open question, deb. i can tell you the reason why i'm standing in front of a -- maybe not so pretty white wall is because i'm down the hall from where republicans are meeting as we speak. house republicans. and you can hear at different times some clapping and different times other -- maybe not so happy noises coming...
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dana, i'll start with you. you listened to big talk on the intro. today was finger pointing and political chicken, but both sides will be talking to each other tomorrow instead of at each other. what is the latest on that? >> that's right, they're going to all be going to the white house. when i say all, i mean the top four congressional leaders, democrats and republicans, to sit down with the president. i'm told by a senior democratic source here in the senate that the expectation is if they can't figure out a path forward over the next three days in this meeting tomorrow, a way to actually pass something to avert the fiscal cliff, then it is very likely, almost definite, that we will go over the cliff. i have to tell you that sources in both parties think that's the likelihood at this point anyway, but this meeting tomorrow is absolutely going to be crucial. and what the senate republican leader mitch mcconnell who you just heard from there, what he's saying he hopes to get from the president is a more details explanation of what he has been sayin
dana, i'll start with you. you listened to big talk on the intro. today was finger pointing and political chicken, but both sides will be talking to each other tomorrow instead of at each other. what is the latest on that? >> that's right, they're going to all be going to the white house. when i say all, i mean the top four congressional leaders, democrats and republicans, to sit down with the president. i'm told by a senior democratic source here in the senate that the expectation is if...
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let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before between these two men, and it's happened before when democrats on capitol hill are either split or have gotten, frankly, just too frustrated with the republican counterparts to have conversations to be able to find bipartisan agreement. these are the two men who negotiated an extension of the bush era tax cuts for two years. that happened two years ago when republicans had a lot of political capital because they just won the house in a big way. whether or not these two men are actually going to be the ones to strike a deal, we're not sure, but we are told, our ted barrett and jessica yellin and i are told by multiple sources that it does seem that at this point, at this late hour, the talks are primarily centered around and between these two men, between mitch mcconnell, the senate republican leader, and joe biden, the vice president. harry reid, the senate democratic leader is certainly very well-informed. he's ke
let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before between these two men, and it's happened before when democrats on capitol hill are either split or have gotten, frankly, just too frustrated with the republican counterparts to have conversations to be able to find bipartisan agreement. these are the two men who negotiated an extension of the bush era tax cuts for two years. that...
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dana bash is still with us. what are you learning? >> while i was talking to you, i got a message, an e-mail saying -- from a senior democratic source saying the goal is tonight. the goal is to have a vote in the senate tonight. we were talking about how republicans were saying that but don't run the senate. we can't call it a deal, but they're working towards that. >> what would be the big deal if the vote in the senate is delayed until tomorrow morning? >> you know, technically not much. i think psychologically, the fact that we are all talking about the house not being able to vote tonight as us technically going over the fiscal cliff is something that they recognized in the senate. and i also think that for senate republicans and even some democrats, it's not as much of an issue to be able to take home politically the idea of voting for a tax cut as opposed to a tax increase which the house would be doing tomorrow. also just the idea of momentum. they've got the momentum. they don't want to blow it if they've got it. >> you know t
dana bash is still with us. what are you learning? >> while i was talking to you, i got a message, an e-mail saying -- from a senior democratic source saying the goal is tonight. the goal is to have a vote in the senate tonight. we were talking about how republicans were saying that but don't run the senate. we can't call it a deal, but they're working towards that. >> what would be the big deal if the vote in the senate is delayed until tomorrow morning? >> you know,...
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dana, thank you. our chief white house correspondent, jessica yellin, has been watching all of this unfold. she's joining us now. republicans, jessica, they're concerned there simply aren't enough deficit savings in the bill that passed the senate last night. and indeed, the congressional budget office says the bill will add, not reduce, but add to the nation's debt. what's the reaction at the white house? >> reporter: wolf, the congressional budget office's numbers can be a little confusing, actually. because the truth of the matter is, the congressional budget office finds that it will increase the deficit by $3.9 trillion over ten years, but that's only when you take into account the fact that we have gone over the fiscal cliff. that increase in the deficit assumes that all americans have lost their tax cut, that the senate bill puts that tax cut back into place for 98% of americans, and all that revenue is being sucked out of government coffers. now, if you go back one day and remeasure this same
dana, thank you. our chief white house correspondent, jessica yellin, has been watching all of this unfold. she's joining us now. republicans, jessica, they're concerned there simply aren't enough deficit savings in the bill that passed the senate last night. and indeed, the congressional budget office says the bill will add, not reduce, but add to the nation's debt. what's the reaction at the white house? >> reporter: wolf, the congressional budget office's numbers can be a little...
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thank you, dana. thank you, jessica. now, right now, the most likely deal on the table seems to be that scaled-down proposal president obama suggested last fright. just to recap, extend tax cuts on household income under $250,000, that's 98% of americans. extend unemployment insurance. that's important. and likely extend the alternative minimum tax fix. but is this bared down plan something house republicans can really get behind? "outfront" tonight to answer that question, republican congressman tom mcclintock of california, a member of the house budget committee. mr. congressman, good to see you. could you back that scaled back plan to avoid going over the fiscal cliff? >> as i said all along, republicans don't want taxes to go up on anyone. if we have an impasse on january 1st, they go up on everyone. so at some point, i think that we republicans have got to realize that if we can't save everybody, we need to try to save as many people as possible. that's not advocating a tax increase. if a lifeguard sees ten people d
thank you, dana. thank you, jessica. now, right now, the most likely deal on the table seems to be that scaled-down proposal president obama suggested last fright. just to recap, extend tax cuts on household income under $250,000, that's 98% of americans. extend unemployment insurance. that's important. and likely extend the alternative minimum tax fix. but is this bared down plan something house republicans can really get behind? "outfront" tonight to answer that question, republican...
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dana bash live from capitol hill. now, dana, first of all, i want dwru explain for us we know there are two things happening, the republicans who are meeting and we know the vice president is meeting with the democrats. when do we expect these two sides to get together and make a decision about whether or not they like what the senate has put forward or whether they want to come up with something else or amend it. >> reporter: before i answer that, i'm standing right near the house republican meeting which is fgoing to start in a fw minutes and i might have to duck away. we're waiting for the house speaker to come by. >> sure. >> reporter: but to answerer that question, what's going to happen, we are told, is that the house republicans, of course, run the house, and they make the decision on when votes are, they are having the meeting right now, but we're told that that is not going to be the definitive or decisive meeting to decide when the vote will be on the fiscal cliff package and how they're going to vote on it,
dana bash live from capitol hill. now, dana, first of all, i want dwru explain for us we know there are two things happening, the republicans who are meeting and we know the vice president is meeting with the democrats. when do we expect these two sides to get together and make a decision about whether or not they like what the senate has put forward or whether they want to come up with something else or amend it. >> reporter: before i answer that, i'm standing right near the house...
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dana, what are you drawing? what conclusions are you drawing from what you're hearing? >> let me give you a little bit of color of what i witnessed, maybe better to say what i smelled coming over here. i took the back way where senators have hide aways in the capital, and i smelled a lot of firewood. people are lighting fires like they're in for a long night here on new year's eve. and perhaps that is a good sign that there is genuine optimism that they could have a vote tonight. that is what i was told by a senior democratic source, that the goal is tonight, senate democrats insist they're not there yet. there's still some outstanding issues on the republican side, however, there was a meeting probably now about an hour, hour and a half ago, among all senate republicans, and many, many senate republicans came out and said they did believe we were very, very close, and they were sticking around for a vote tonight. so that's where we are right now. but we are also anticipating, as jessica reported earlier, joe biden to come up to the senate to talk to his fellow democrat
dana, what are you drawing? what conclusions are you drawing from what you're hearing? >> let me give you a little bit of color of what i witnessed, maybe better to say what i smelled coming over here. i took the back way where senators have hide aways in the capital, and i smelled a lot of firewood. people are lighting fires like they're in for a long night here on new year's eve. and perhaps that is a good sign that there is genuine optimism that they could have a vote tonight. that is...
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six days, dana bash, from washington. thank you. >> reporter: thank you. >>> now to this wild weather causing a headache for holiday travelers. snow and sleet are disrupting things for drivers in indiana right now. the day after christmas usually means a trip to the mall. for a lot of people. checking for sales or exchanges, you know the deal. but for people like the ones you're seeing now, and others in the midwest and south, this is cleanup time. they have got the shovels out. they have got the snow blowers. they have got to clear that ice after tornadoes also like this one touched down last night. look. >> it's right there. >> we got to hurry up and get past. >> yeah, this is one of 30 tornadoes that spun out of the storm system that damaged at least 125 homes and businesses. happened across alabama, other parts of the south overnight. and we have learned now that more than 25 people were injured in mississippi. three people died in texas, oklahoma and arkansas. officials are working to restore power to about 21,000 cu
six days, dana bash, from washington. thank you. >> reporter: thank you. >>> now to this wild weather causing a headache for holiday travelers. snow and sleet are disrupting things for drivers in indiana right now. the day after christmas usually means a trip to the mall. for a lot of people. checking for sales or exchanges, you know the deal. but for people like the ones you're seeing now, and others in the midwest and south, this is cleanup time. they have got the shovels out....
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. >> i don't see what is so funny, dana. >> my mickname for you when i watch the show at home is honey bo boo. >> do you think politics can ruin relationships? >> i do. >> have you been snooped on by a woman? >> yeah. >> tell me what happened. >> not on camera. >> i think take me -- you would take me home if you won? it will cost you more than half a billion dollars, buddy. >> when do you think the start of christmas should be? >> day after thanksgiving. >> size 7. the perfect stocking stuffers. >> one more thing is up next! i got you! >> you are ruining my life, bob. >> take a look at the electoral map. look at the road. minnesota or wisconsin. one or the other. one of those. >> that is fabulous. >> look like an elf. ♪ ♪ ♪ ♪ ♪ ♪ >> juan: now that was fun. >> greg: i don't remember any of it. >> people are asking why is the show so successful? this is a fun show. i mean you turn around, uplifting show. you feel better. >> greg: you do. we're a vitamin for america. >> andrea: do you think bob feels better after every show? >> juan: expect for little jar. cost him. >> andrea:
. >> i don't see what is so funny, dana. >> my mickname for you when i watch the show at home is honey bo boo. >> do you think politics can ruin relationships? >> i do. >> have you been snooped on by a woman? >> yeah. >> tell me what happened. >> not on camera. >> i think take me -- you would take me home if you won? it will cost you more than half a billion dollars, buddy. >> when do you think the start of christmas should be?...
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back to you. >> dana bash, there with chairman issa, thanks so much for that. now we'll throw back to deb in atlanta. >> thanks so much, john. we want to go to the -- to the floor there. the senator from tennessee, bob corker, ribbing the president and chastising him for what he just calls his press conference. let's listen for a moment. >> without objection. >> mr. president -- >> senator from maryland. >> mr. president, i rise to speak on behalf of what is going on here today as the new chair of the -- >> okay, so tax hikes, it looks like tax hikes instead of affecting 98% of all americans will affect only the 5% of top earners. does that mean everybody is free and clear? not exactly. tomorrow, your paycheck will likely shrink. and that's with or without the fiscal cliff. that's because the payroll tax cut expires at midnight. right now, it does not look as if congress plans to extend it. the 4.2% you pay into social security will now go up to 6.2% of your salary. lawmakers have been so consumed by the fiscal cliff that it appears little was done to extend th
back to you. >> dana bash, there with chairman issa, thanks so much for that. now we'll throw back to deb in atlanta. >> thanks so much, john. we want to go to the -- to the floor there. the senator from tennessee, bob corker, ribbing the president and chastising him for what he just calls his press conference. let's listen for a moment. >> without objection. >> mr. president -- >> senator from maryland. >> mr. president, i rise to speak on behalf of what is...
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like to send my love to jennifer, my son, kai, my daughter, dana, mom and dad, seasons greetings from kabul, afghanistan. >> i'm michelle carter from kabul, afghanistan. special holiday greeting in baltimore, maryland, to jasmine, howard, friends and family in aberr deem, maryland, baltimore, and a shout out to the ravens.
like to send my love to jennifer, my son, kai, my daughter, dana, mom and dad, seasons greetings from kabul, afghanistan. >> i'm michelle carter from kabul, afghanistan. special holiday greeting in baltimore, maryland, to jasmine, howard, friends and family in aberr deem, maryland, baltimore, and a shout out to the ravens.
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dana telsey is the ceo and chief officer of telsey group. we saw you day after thanksgiving, you said there was going to be sort of a hot -- that weekend was going to be big, there was going to be a lull, and it was all going to come back. has it turned out that way for you, dana? >> i think some of it came back. i don't think all of it came back. i think it was a tougher season than expected. you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sa
dana telsey is the ceo and chief officer of telsey group. we saw you day after thanksgiving, you said there was going to be sort of a hot -- that weekend was going to be big, there was going to be a lull, and it was all going to come back. has it turned out that way for you, dana? >> i think some of it came back. i don't think all of it came back. i think it was a tougher season than expected. you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people...
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a lot of digging tonight for cnn's dana bash. i know we don't have any decisions out of the call but do question have a sense what republicans are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it is in part the reason why house republicans didn't make a decision to bring the house back or when to do it. the ball is in the senate's courts especially with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure out is whether or not they can find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scaled-back bill focusing on tax cuts and on what he campaigned on which is only keeping the cuts in place for those making over $250,000. is it a big ask to get ten senate republicans to get them to cross over. >> so what more do we know then. it is still being crafted and that is part of the dance that's being done in these next few days which is exactly what do democrat
a lot of digging tonight for cnn's dana bash. i know we don't have any decisions out of the call but do question have a sense what republicans are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it is in part the reason why house republicans didn't make a decision to bring the house back or when to do it. the ball is in the senate's courts especially with senate democrats. that has changed big time since a few weeks ago. at this point what...
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. >>> you know, dana bash is the -- she's good on capitol hill. good morning and merry christmas. >>> stories we're watching in the newsroom on this christmas day. pope benedict xvi tells people not to up hope even in the world's most troubled reasons. his appeal for peace. >>> and it's not the grinch stealing christmas cheer. it's the weather. blizzard warnings may turn your white christmas into a travel nightmare. and tornados threaten the south. your forecast is coming up. >>> and we're seven days away from going off the fiscal cliff and with washington in a political gridlock we're getting closer and closer. the question, how will it affect you and your paycheck? >>> the images, the words, the names, highlights and low lights of 2012. "newsroom" starts now. >>> good morning to you. i'm carol costello wishing you and yours a merry christmas and we begin with pope benedict xvi using his an i'll christmas message to speak about the hope for peace even in the most difficult times and situations. >> translator: in this world there's a good soil whi
. >>> you know, dana bash is the -- she's good on capitol hill. good morning and merry christmas. >>> stories we're watching in the newsroom on this christmas day. pope benedict xvi tells people not to up hope even in the world's most troubled reasons. his appeal for peace. >>> and it's not the grinch stealing christmas cheer. it's the weather. blizzard warnings may turn your white christmas into a travel nightmare. and tornados threaten the south. your forecast is...
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senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate democratic leaders is trying to figure out if the president's scaled back bill can pass congress at the 11th hour. >> there is absolutely no reason, none, not to protect these americans from a tax hike. at the very least, let's agree right now on what we already agree on. let's get that done. >> reporter: but to get that done, democrats first
senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if...
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. >> dana? >> i really want you to write another book. >> oh, no. >> and get me one of these. >> excellent. >> how about eric? >> eric: i have everything i can possibly ask for. a beautiful family, great friends and colleagues. for that i feel very very blessed. how about you? >> i agree. i want to wish everyone out there a very very merry christmas and thanks for watching the five and my wish is for good ratings next year. >> that's pretty straightforward. kimberly? >> i wish for the safety of our troops and our families to know how much we appreciate their service. have a happy holiday season, everyone, from the five. >> steve: speaking of the five. did you know that bob beckel has the most expensive electric bill on his block? that's because every year he makes sure to have the brightest house on the block. take a look. ♪ ♪ >> i got all the big pieces it's little things that you need, you know? drives you crazy. but hey, it's for the kids, right? that's what it is all about. >> will someb
. >> dana? >> i really want you to write another book. >> oh, no. >> and get me one of these. >> excellent. >> how about eric? >> eric: i have everything i can possibly ask for. a beautiful family, great friends and colleagues. for that i feel very very blessed. how about you? >> i agree. i want to wish everyone out there a very very merry christmas and thanks for watching the five and my wish is for good ratings next year. >> that's pretty...
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. >> what is the thinking at this point, dana bash, that most congressional leaders feel like going over the cliff, whether they will say it publicly is one thing, but going over the cliff might be better, because on the other end of it, you can vote for tax cuts versus raising taxes for a certain number of americans, politically speaking, isn't that a better scenario for them? >> it may politically be a better secenario for some congresspeople. but it will be a catastrophe because of public opinion, the way markets would respond on january 2nd. i think politically obviously it saves a little face, particularly for some republicans who don't want to vote for tax increases. taxes increase automatically, but it isn't without consequences and we're trying to get a sense today -- the meeting that you mentioned, 3:00 p.m. at the white house, congressional leaders with the president and vice president. coming out of that, i think we may have a better sense of exactly what direction this is going. if there is maybe a little bit of a kumbaya feel or them at odds, which will really set the tone f
. >> what is the thinking at this point, dana bash, that most congressional leaders feel like going over the cliff, whether they will say it publicly is one thing, but going over the cliff might be better, because on the other end of it, you can vote for tax cuts versus raising taxes for a certain number of americans, politically speaking, isn't that a better scenario for them? >> it may politically be a better secenario for some congresspeople. but it will be a catastrophe because...
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i send my hov to jennifer, kai, dana and mom and dad. >> michelle carter, a shout out from kabul, eaven. afghanistan. i would also like to shout out to my number one team, the baltimore ravens. >> you're watching wbal-tv 11, live, local, late breaking. this is 11 news sunday morning. >> good morning, welcome to 11 news sunday morning. i'm jennifer franciotti. lisa has the day off. we'll get to our top stories but first a check outside with ava. we got snow out our way yesterday. >> another one to three inches fell in carroll county. you've hit the jackpot this year. >> saturday snows are fun. >> and the kids were out playing in it. everywhere else across the metro area, we did get less than expected, closer to half an inch to an inch in northern parts and near the airport there was just a trace. 36 degrees at the airport right now. dew point of 25, winds west at 9 miles per hour. stronger winds coming in behind the storm keeping temperatures down. not only will we not really be warming up into the afternoon, highs in the upper 30's to low 40's, winds will make it feel colder so you want
i send my hov to jennifer, kai, dana and mom and dad. >> michelle carter, a shout out from kabul, eaven. afghanistan. i would also like to shout out to my number one team, the baltimore ravens. >> you're watching wbal-tv 11, live, local, late breaking. this is 11 news sunday morning. >> good morning, welcome to 11 news sunday morning. i'm jennifer franciotti. lisa has the day off. we'll get to our top stories but first a check outside with ava. we got snow out our way...